Amazon Paid $146 Million for LA Warehouse Campus

The purchase and new Olympic leasing activity mark a shift in the Lincoln Heights commercial real estate market.

Updated on Oct. 5, 2026 in Commercial

Amazon Paid $146 Million for LA Warehouse Campus

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Amazon has acquired a portion of a 39-acre Lincoln Heights campus for $146.2 million, adding to its regional logistics footprint. Meanwhile, the LA28 Olympic committee has secured a lease for a separate building on the same site.

Why it matters

This transaction highlights the ongoing demand for industrial space in dense urban centers as companies prioritize rapid local delivery. The move underscores Amazon's strategy to expand its same-day shipping network to more than 1,000 facilities globally by 2031.

Amazon paid $9.52 million in Measure ULA transfer taxes on the $146.2 million property purchase. The deal involves 503,000 square feet of building space, while LA28 has separately leased 667,000 square feet for a 28-month term.

The players

Amazon

A global retail and logistics giant that manages a nationwide network of warehouses and delivery hubs.

LA28

The committee responsible for organizing the Los Angeles 2028 Olympic and Paralympic Games.

Newland Capital Group

A private investment firm and real estate owner that functions as a seller in this transaction.

Related Fund Management

A real estate asset management firm that partnered in the sale of the Lincoln Heights campus.

CBRE

A global commercial real estate services and investment firm that marketed the property.

The details

The site, located at 3930 Mission Road, was marketed by CBRE and previously owned by a Blackstone and Worthe Real Estate Group joint venture. Amazon purchased Buildings 2 and 3, which measure 224,000 and 279,000 square feet, respectively. LA28's lease for Building 1 follows the group's previous office activity at other downtown locations, including 1150 S. Olive St.

Summer 2025: Sellers bought the campus for $120 million.
October 2026: The Amazon and LA28 property deals were reported.
2031: Amazon aims to reach its 1,000-facility same-day network goal.

Money Landscape

This transaction reflects the continued adaptation of Los Angeles industrial real estate to the city's Measure ULA transfer tax policy on high-value sales. The move aligns with broader national trends of retailers consolidating warehouse space near high-density urban populations.

Homeowners and local businesses should note that large-scale institutional property transactions often influence regional land use and long-term infrastructure investment. Readers interested in local commercial development can monitor future planning commission filings regarding the site's usage.

The takeaway

Large-scale logistics investments can indicate where corporate demand is shifting within urban industrial corridors. Residents and business owners may want to track upcoming municipal land-use permits if they are located near the 39-acre Lincoln Heights site.